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Hogan Lovells Advises Telecity on €100 Million Data Electronics Acquisition

08 August 2011

LONDON, 8 August 2011 - Hogan Lovells has advised TelecityGroup (Telecity) on the acquisition of Data Electronics Group Limited (Data Electronics) for £87.6 million in cash in a deal announced today, Monday 8 August.

Telecity is Europe's industry-leading provider of carrier-neutral data centres and Data Electronics is the leading provider of these in Ireland, operating two high quality carrier-neutral data centres in Dublin which are key international internet hubs offering access to over 40 carrier networks and access to the Dublin internet exchange (INEX).

The Hogan Lovells team advising Telecity was led by London corporate partner Guy Potel, assisted by senior associate Richard Diffenthal.

Commenting on the deal, Guy said:

"We are pleased to have advised Telecity on this important acquisition which establishes Telecity as the market leader in Ireland."

This deal announcement comes less than a week after the announcement of the bid by UK Water (2011) Limited to acquire Northumbrian Water Group for £4.7 billion in the largest UK takeover of 2011, where Steven Bryan and Guy Potel advised the target.


About Hogan Lovells


Hogan Lovells combines the breadth of business-oriented legal advice and high-quality service that clients have come to expect through working with its two founding firms – Hogan & Hartson and Lovells.

"Hogan Lovells" or the "firm" refers to the international legal practice comprising Hogan Lovells International LLP, Hogan Lovells US LLP, Hogan Lovells Worldwide Group (a Swiss Verein), and their affiliated businesses, each of which is a separate legal entity. Hogan Lovells International LLP is a limited liability partnership registered in England and Wales with registered number OC323639. Registered office and principal place of business: Atlantic House, Holborn Viaduct, London EC1A 2FG. Hogan Lovells US LLP is a limited liability partnership registered in the District of Columbia.

The word "partner" is used to refer to a member of Hogan Lovells International LLP or a partner of Hogan Lovells US LLP, or an employee or consultant with equivalent standing and qualifications, and to a partner, member, employee or consultant in any of their affiliated businesses who has equivalent standing. Rankings and quotes from legal directories and other sources may refer to the former firms of Hogan & Hartson LLP and Lovells LLP. Where case studies are included, results achieved do not guarantee similar outcomes for other clients.

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